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Sold on 09/26/2025

426 E 79th St, Los Angeles, CA 90003

  • $890,000

    Last sold 09/26/2025 after 9 Days

  • 8

    bed

  • 4

    bath

  • 2,848

    Sqft ($313/Sqft)

Multi-family not for sale
21 homes bought nearby with Movoto recently

About 426 E 79th St

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 4,775 Sqft
Movoto estimate
Property description
426 E 79th St | 4-Unit Multifamily in South Los Angeles. 1965 construction on a 4,775 SF R2-1 lot with 2,848 SF of living area; efficient layouts with (4) 2-bed / 1-bath units. (1 Vacant) One unit to be delivered vacant at close, allowing immediate lease-up at market rents or potential owner-occupancy. Two units stabilized under Section 8 contracts provide guaranteed income. Attractive sub-$900k price point with a ~7.43% current cap and ~10.85% pro forma; strong tenant demand and ~43% rental upside in a transit-connected South LA neighborhood.
Listed by
Listing Agent - Taylor Avakian
Listing Office - Lyon Stahl Investment Real Estate, Inc.
Source: The MLS mls logo
MLS#25593181 • last updated 5 months ago
Movoto checked The MLS for data 7 minutes ago
Overview
Levels/Style Multi/Split
MLS # 25593181
Type Residential Income
Status Sold
SqFt 2848
Lot Size (SqFt) 4775
Lot Size (Acres) 0.1096
Year Built 1965
Interior
Total # of Baths 4
Total # of Bedrooms 8
Exterior
# Parking Spaces 4
Parking Desc Driveway
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LAR2
APN 6030-033-030
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 10992
Unit 1: # Beds 2
Unit 1: Rent 2042.7
Unit 1: # Baths 1
Unit Type 2106
Unit 1: Actual Rent 8171
Total # Of Buildings 1
Net Operating Income 66121.8
Cap Rate 7.43
Vacancy Rate 25%
Gross Income 98052
Gross Operating Income 93149
Gross Rent Multiplier 9.08
Total Annual Expenses 27027.6

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Nearby homes for sale in Los Angeles, CA

  • Real Estate
  • CA
  • Los Angeles County
  • Los Angeles
  • 90003
  • Florence
  • 426 E 79th St
$901K
Range: $837K-$964K
Last 30 days 

Nearby recently sold homes in Los Angeles, CA

  • Nov 2025
    mls logo MLS # 25593181
  • Nov 7, 2025 Sold
    $890,000
  • Sep 26, 2025 Active
    —
  • Sep 15, 2025 Listed
    $890,000 (+41.3%)
  • Mar 2017
    mls logo MLS # SB16744847
  • Mar 20, 2017 Sold
    $630,000
  • Mar 17, 2017 Sold
    $630,000 (-3.1%)
  • Dec 17, 2016 Pending
    —
  • Dec 7, 2016 Active
    —
  • Nov 10, 2016 Listed
    $649,900
  • Nov 10, 2016 Listed
    $649,900
  • 426 E 79th St
    $890K
  • Florence
    $589K +2% y/y
  • 90003
    $599K +3% y/y
  • Los Angeles
    $1.07M -9% y/y
No chart available
Statistics calculated by Movoto
2/10
Charles Drew Middle School
public Grades 7-8
Los Angeles Unified School District
Source: GreatSchools.org © 2026. All rights reserved.
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